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iRhythm (IRTC) CBO and CLO receives 7,024 RSU equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Murphy Patrick Michael reported acquisition or exercise transactions in this Form 4 filing.

iRhythm Holdings executive Patrick Michael Murphy, the company’s CBO and CLO, received an equity award covering 7,024 shares of common stock in the form of Restricted Stock Units (RSUs). Each RSU represents a right to receive one share of common stock at vesting.

According to the filing, 25% of the RSUs vest on March 1, 2027, with an additional 25% vesting on each one-year anniversary thereafter, as long as he continues as a service provider through each vesting date. Following this grant, he holds 67,560 shares of common stock directly.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Murphy Patrick Michael

(Last) (First) (Middle)
C/O IRHYTHM HOLDINGS, INC.
699 8TH ST #600

(Street)
SAN FRANCISCO CA 94103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
iRhythm Holdings, Inc. [ IRTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CBO and CLO
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 02/25/2026 A 7,024(1) A $0 67,560 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These securities are Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2027 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
Remarks:
/s/ Marc Rosenbaum, attorney-in-fact 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did iRhythm Holdings (IRTC) executive Patrick Michael Murphy report on this Form 4?

He reported an equity award of 7,024 Restricted Stock Units, each representing one share of common stock. The grant increases his direct holdings to 67,560 shares, reflecting time-based compensation tied to continued service at iRhythm Holdings.

How many iRhythm Holdings (IRTC) RSUs were granted to Patrick Michael Murphy?

He received 7,024 Restricted Stock Units, each convertible into one share of common stock upon vesting. This award is a form of stock-based compensation and does not involve a cash purchase, as the transaction price per share is recorded as 0.0000.

What is the vesting schedule for Patrick Michael Murphy’s new iRhythm (IRTC) RSUs?

Twenty-five percent of the RSUs vest on March 1, 2027, with the remaining 75% vesting in equal 25% installments on each one-year anniversary afterward. Vesting requires that he continue as a service provider through each applicable vesting date.

How many iRhythm Holdings (IRTC) shares does Patrick Michael Murphy own after this Form 4 transaction?

After the RSU grant, he is reported to own 67,560 shares of iRhythm Holdings common stock directly. This total reflects his holdings following the award of 7,024 RSUs, which will convert into shares only as they vest over time.

Was Patrick Michael Murphy buying or selling iRhythm (IRTC) stock in this filing?

He was not buying or selling shares on the open market. The Form 4 shows an acquisition coded as a grant or award of 7,024 Restricted Stock Units, which is stock-based compensation subject to future vesting conditions rather than a cash transaction.
iRhythm Holdings, Inc

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